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FILE 0008— Venture Building

CB-06Illustrative

Op. First Ledger

Pre-launch build. The structure is settled by a practising company secretary and a chartered accountant; roles, core processes and a twelve-month cash forecast are in place before the first hire; the founder takes a first offer to market.

Classification: IllustrativeIllustrative scenario. It shows how this desk works; it is not a record of a client engagement.

Case file 0008Illustrative scenarioDesk CB-06Duration: Pre-Launch Project
Abstract ledger plate: ruled rows and twelve columns of withheld entries, above a line that falls, finds a floor and steadies, with the low point marked.
Plate 0008 — Ledger plate: twelve-month forecast, drawn for this fileIllustrative image

Situation

A founder with a consumer product, a plan and no sales record yet. The company is still a name on a page: nothing is incorporated, nobody is hired, and every decision so far lives in one person's memory.

Objective

Before the first hire, turn the name on the page into a company that can run: a structure settled by the professionals, roles and processes on paper, cash seen twelve months ahead, and a rhythm for deciding.

Approach

How this desk would run it

  1. Structure, With the Professionals

    The form of the company and its first filings are settled by a practising company secretary and a chartered accountant. ARKA writes the brief, coordinates them and keeps the dates. It does not advise on the structure.

  2. Roles and Core Processes

    Who does what, and how work passes from one hand to the next, written down before anyone is hired. The first hire joins a company, not one person's memory.

  3. Twelve-Month Cash Forecast

    Month by month, what comes in and what goes out. Each figure is traced to a source file. If a number is missing, the forecast says so.

  4. First Numbers

    A budget, and a scorecard of the five measures the desk reads at every stage: cash and runway, conversion, cost of acquisition, margin and retention. Before launch most of them are blank, and the scorecard says so.

  5. Operating Rhythm

    A status note at an agreed weekly interval, a monthly review and a quarterly review. The founder decides. The desk makes sure it happens.

Sequence

Indicative order of work

  1. Phase 01

    Diagnostic

    What the desk already sees is written down from desk research. The founder reads it before the first working session.

  2. Phase 02

    Kickoff

    One session: the outcome, the constraints, the venture build plan and its dates. Every action leaves with a name and a date.

  3. Phase 03

    Build

    The structure goes to the professionals. Roles, processes, the forecast and the scorecard are written, and the founder approves each piece.

  4. Phase 04

    First offer

    The founder takes one offer, at one price, to one kind of customer. The status note and the monthly review begin.

Measure of Done

What the mandate is for

Venture Build Plan

In this scenario the mandate is met when the founder holds a venture build plan that sets out the stages from idea to running compliance and who does each, and the structure, roles, forecast and rhythm are in place before the first hire.

ARKA does not give legal, tax or investment advice and does not audit or certify accounts. Company formation, filings and tax are carried out by practising professionals: the chartered accountant is engaged by the client directly or through ARKA, as the mandate sets out, and the company secretary is engaged by the company. ARKA prepares the ground, coordinates them and keeps the calendar. The forecast and the budget are unaudited; anything sent outside the company is reviewed by a chartered accountant first.

Desk

Who would run it

End of file 0008Illustrative scenario // Not a client record

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